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Most European bankruptcy laws still require individuals to repay their debts. There’s a lot of research indicating that this reduces entrepreneurship and econom
by elcritch 4y ago
Most European bankruptcy laws still require individuals to repay their debts. There’s a lot of research indicating that this reduces entrepreneurship and economic prosperity. That’d agree with your hunch I think.
- analog31 4y agoIndeed, this situation could be analogous to the fear of medical bankruptcy in the US, which is also said to stifle entrepreneurship.